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Supplemental Oil and Gas Disclosures (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2024
Extractive Industries [Abstract]  
Schedule of Costs Incurred in Acquisition of Unproved Properties

The following table presents the costs incurred in oil and natural gas acquisition, exploration, and development activities for the periods indicated:

 

         
   Year Ended December 31, 
   2024   2023 
   (In thousands) 
Acquisition costs:          
Proved properties  $64,491   $ 
Unproved properties   630    28,705 
Total acquisition costs   65,121    28,705 
Exploration costs   734    264 
Development costs   41,127     
Total costs incurred  $106,982   $28,969 
Schedule of Proved Reserves

The following table presents the quantities of the Company’s estimated proved, proved developed, and proved undeveloped oil, natural gas, and NGL reserves and the changes in the quantities of estimated proved oil, natural gas, and NGL reserves for the periods indicated:

 

    

Oil

(MBbl)

    

Natural Gas

(MMcf)

    

NGLs

(MBbl)

    

Total

(MBoe)

 
Proved reserves as of January 1, 2024                

Acquisitions of reserves

   

14,302

    

40,811

    

5,007

    

26,110

 
Production   (96)   (245)   (33)   (170)
Revisions to previous estimates   

137

    

672

    

(71

)   

179

 
Proved reserves as of December 31, 2024   14,343    41,238    4,903    26,119 
                     
Proved developed reserves   3,749    9,306    1,136    6,436 
Proved undeveloped reserves   10,594    31,932    3,767    19,683 
Schedule of Estimated Proved Oil and Natural Gas Reserves for the Periods Indicated

The following table presents the Standardized Measure relating to the Company’s estimated proved oil and natural gas reserves for the periods indicated:

 

         
    Year Ended December 31, 
    2024    2023 
    (In thousands) 
Future cash inflows  $

1,242,476

   $ 
Future production costs   (452,805)    
Future development and abandonment costs   (295,105)    
Future income taxes   (75,793)    
Future net cash flows   418,773     
10% annual discount for estimated timing of cash flows   

(163,631

)    
Standardized Measure  $255,142   $ 
Schedule of Standardized Measure Relating to the Company’s Estimated Proved Oil and Natural Gas Reserves for the Periods Indicated

The following table presents the changes in the Standardized Measure relating to the Company’s estimated proved oil and natural gas reserves for the periods indicated:

 

    2024    2023 
    Year Ended December 31, 
    2024    2023 
    (In thousands) 
Standardized Measure at the beginning of the period  $

  $ 
Net change in sales prices and production costs related to future production   (5,496)    
Sales and transfers of oil and natural gas produced, net of production costs   

(5,220

)    
Purchases of reserves   

279,255

     
Revisions of previous quantity estimates   

4,108

     
Development and abandonment costs incurred during the period   

29,754

     
Accretion of discount   

3,642

     
Net change in income taxes   (48,018)    
Changes in production rates, timing, and other   (2,883)    
Changes in estimated future development and abandonment costs         
Extensions, discoveries, and other additions, net of future production and development costs          
Net increase in Standardized Measure  255,142    
Standardized Measure at the end of the period  $

255,142

   $